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South Cyprus heading for Greek financial Crisis

How can we solve it? (keep it civilized)

Postby dinos » Sun Apr 24, 2011 5:48 pm

Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D
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Postby ZoC » Sun Apr 24, 2011 6:40 pm

Viewpoint wrote:You know full well that even if i provided evidence you will just refute it so i will never again fall into that trap as even signed evidence from the GC central bank you would as always try to rubbish it thats why i dont take you seriously enough to place evidence forward.


either that or ur full of shit.
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Postby Viewpoint » Sun Apr 24, 2011 7:21 pm

Not all roses me thinks...

Since November, Cyprus has been downgraded by Standard and Poor's twice, once by Moody's by two notches, and Fitch has placed Cyprus on a negative watch. All three have, to varying degrees, cited concerns at Greek exposure, while Fitch and Moody's have also focused on economic structural problems.


Bank debt exposure in the small euro member country Cyprus is now estimated at 35% of it’s GDP and exposure to Greek sovereign bank debt carries a risk to Cypriot banks and threatens it’s fragile economic recovery.


But the knock-on effect of any Greek debt restructuring on Cypriot banks could curb lending and stymie output, already weakened by a collapse in Cyprus's real estate market and slower tourism growth.
And its borrowing costs have been rising. Once a rare borrower on international markets, the euro zone's third smallest economy has tapped them three times in the past two years.
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Postby Kikapu » Sun Apr 24, 2011 7:25 pm

dinos wrote:
Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D


Thanks for the info Dinos. Too bad VP couldn't do it since he claims to understand how the banks and finance systems works. Hope you have a great Easter Sunday also.

By the way, Dinos, can Cyprus get Crete for 6.4 Billion Euros in case Greece does default.? :lol:

if not, which other Greek island can we take.?

I personally like the sound of Lespos myself.! :wink: :lol:
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Postby bill cobbett » Sun Apr 24, 2011 7:29 pm

Kikapu wrote:
dinos wrote:
Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D


Thanks for the info Dinos. Too bad VP couldn't do it since he claims to understand how the banks and finance systems works. Hope you have a great Easter Sunday also.

By the way, Dinos, can Cyprus get Crete for 6.4 Billion Euros in case Greece does default.? :lol:

if not, which other Greek island can we take.?

I personally like the sound of Lespos myself.! :wink: :lol:


ooooooh can we have Kastelloriso instead please.... which'll extend the CY EEZ thousands of square miles.
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Postby quattro » Sun Apr 24, 2011 7:34 pm

bill cobbett wrote:
Kikapu wrote:
dinos wrote:
Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D


Thanks for the info Dinos. Too bad VP couldn't do it since he claims to understand how the banks and finance systems works. Hope you have a great Easter Sunday also.

By the way, Dinos, can Cyprus get Crete for 6.4 Billion Euros in case Greece does default.? :lol:

if not, which other Greek island can we take.?

I personally like the sound of Lespos myself.! :wink: :lol:


ooooooh can we have Kastelloriso instead please.... which'll extend the CY EEZ thousands of square miles.

Come on Bill kastellotizo is peanuts if we can get crete also then Med is ours :lol: :lol: :lol:
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Postby bill cobbett » Sun Apr 24, 2011 7:37 pm

quattro wrote:
bill cobbett wrote:
Kikapu wrote:
dinos wrote:
Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D


Thanks for the info Dinos. Too bad VP couldn't do it since he claims to understand how the banks and finance systems works. Hope you have a great Easter Sunday also.

By the way, Dinos, can Cyprus get Crete for 6.4 Billion Euros in case Greece does default.? :lol:

if not, which other Greek island can we take.?

I personally like the sound of Lespos myself.! :wink: :lol:


ooooooh can we have Kastelloriso instead please.... which'll extend the CY EEZ thousands of square miles.

Come on Bill kastellotizo is peanuts if we can get crete also then Med is ours :lol: :lol: :lol:


OMG! ..... A Greater CY !!!!!??????
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Postby Kikapu » Sun Apr 24, 2011 7:38 pm

bill cobbett wrote:
Kikapu wrote:
dinos wrote:
Kikapu wrote:
Viewpoint wrote:Im checking to see if you have a clue which i doubt very much.


I'm always open to be educated. With you being the "educator" however, I'm constantly left with disappointments. :lol:


Well, somebody had to step in and sort VP out before we all die of old age waiting for him to do it himself. :lol:

Cyprus banks are sitting on about 6.4Billion Euros of Greek monetary toilet paper. A haircut will happen, but here's some specifics as Cyprus has one of the lowest levels of public debt in the Eurozone:

"Cypriot authorities and banks say the Cyprus banking system is well capitalised. The system’s total capital adequacy ratio stood at 11.98 percent and its primary capital Tier 1 at 10.3 percent in 2010, figures which are now higher because of capital boosting steps taken by the banks."

http://www.foreignexchangeservice.co.uk ... debts.html

Kikapu, I think we can safely consider VP's unsupported position to be formally debunked. I hope you have a most pleasant Sunday. :D


Thanks for the info Dinos. Too bad VP couldn't do it since he claims to understand how the banks and finance systems works. Hope you have a great Easter Sunday also.

By the way, Dinos, can Cyprus get Crete for 6.4 Billion Euros in case Greece does default.? :lol:

if not, which other Greek island can we take.?

I personally like the sound of Lespos myself.! :wink: :lol:


ooooooh can we have Kastelloriso instead please.... which'll extend the CY EEZ thousands of square miles.


:lol:
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Postby DT. » Sun Apr 24, 2011 7:38 pm

Viewpoint wrote:Obviously you know nothing about the banks in Turkey after the crisis of 2000 they have become one of the most advanced in the world way ahead of your antient heavily Greek bond invested money market collapsed time bomb, your administration could not bail themout even if they wanted your coffers are empty.


My dear, as a consultant to your "advanced" banks I can tell you that we have still a lot to teach them before they catch up with the rest of the world.
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Postby repulsewarrior » Mon Apr 25, 2011 1:11 am

CBBB wrote:
DTA wrote:
Klik wrote:... and the Russians will never let Cypriot economy rot ;)


Russians are cosying up to Turkey how do you feel about that?


No problem, we are better at hiding their money!


...exactly, you take the Heroin money, we'll take the money of the other Industrialists who depend on a Rule of Law (and not just Russians...).

As for Russia as a political body, think more clearly, look at Turkey's geography, look at the History between the two, as a Turcophile, you may ask yourself the same question.

...in thirty years the Cypriot people who did not live under an army's occupation have housed one third of their population which were displaced, and they have driven their social economy toward serving global partners, best Maritime, best Banking, best Communication, with a high level of education, as a net provider to the EU, of which they are a member.

lol...
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